Trade Credit Insurance Broking Solutions
Businesses are increasingly looking for ways to manage credit and debtor exposures in today’s global and hyper-connected economy. Accounts receivable is often the largest uninsured asset on a company’s balance sheet and often accounts for up to 40% or more of a company’s total assets.
Many companies are also entering new markets and extending their supply chains across multiple territories, all of which further increases the need to protect themselves from risks involving trade debts.
Trade credit insurance solutions indemnifies a seller against:
- Losses from non-payment of trade debt arising from insolvency and business rescue
- Delayed payment by a buyer
- Political risks such as currency inconvertibility, war, and civil disturbance, as well as confiscation, nationalisation and expropriation of a buyer, are covered for cross-border transactions.
Coverage is designed to:
Prevent disruptive losses
Reduce risk of key account concentration levels
Provide risk transfer of bad debt issues
Whatever the size of your company or sector of operation, Aon’s trade credit team provides innovative credit risk protection solutions to enhance your business strategy and make sure the most competitive terms are negotiated and secured in respect of cost, cover and service.
As the world’s largest specialist credit insurance broker, Aon offers you unparalleled technical
knowledge and market influence to empower results for your business.